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Assistant Manager of Treasury

$83k - $103k

American International Group

Role Overview The Assistant Manager of Treasury is responsible for leading the end-to-end governance, administration, and oversight of the organization’s Global Letter of Credit (LOC) portfolio. The role ensures accurate execution of LOC transactions, compliance with statutory and contractual requirements, and strong operational controls across treasury Letter of Credit activities. Key Responsibilities Lead and oversee the Global LOC management function, ensuring effective governance of statutory and non-statutory Letters of Credit. Define the operating framework, policies, and controls for LOC administration. Drive continuous improvement initiatives to strengthen process efficiency, documentation, and risk controls. Oversee lifecycle management of LOC transactions including Issuance, amendments and increases, decreases, cancellations, and expiry monitoring and renewals. Ensure accurate validation of LOCs with external banking partners and financial institutions. Monitor timely execution of LOC transactions and ensure all documentation requirements are satisfied. Maintain integrity of internal databases and LOC tracking systems. Establish and maintain strong internal controls and audit‑ready documentation for LOC activities. Partner with Risk, Compliance, and Audit teams to address governance requirements and operational reviews. Identify potential operational or counterparty risks within the LOC portfolio and implement mitigation measures. Oversee preparation and review of monthly statutory LOC inventory, non‑statutory LOC, audit and regulatory reporting requests. Coordinate resolution of transaction discrepancies and documentation issues. Lead and mentor a team of treasury analysts responsible for LOC administration; define roles, responsibilities, and operational workflows. Ensure effective workload allocation, cross‑training, and continuity of operations. Qualifications A bachelor’s degree or higher in Finance, Accounting, or another quantitative or business‑related discipline. Strong finance operations skills, including corporate finance, financial modeling, and business valuation. Advanced knowledge of MS Office, particularly Word, Excel, and PowerPoint. Excellent problem‑solving, analytical skills, and a high level of intellectual curiosity. Ability to multitask, work well under pressure, maintain strong attention to detail, and prioritize work within tight deadlines. Professionalism in handling confidential and sensitive information. 4+ years of finance experience and 1–2+ years of managerial experience. Benefits For positions based in NewYork, the base salary range is $83,000–$103,000. We offer a competitive benefits package, including health, wellness, and financial security programs. AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability, or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. #J-18808-Ljbffr

Vacancy posted 13 hours ago
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